121
121
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 121
favorite 0
quote 0
she's held several big jobs at the pentagon and is very well respected. ashton carter, currently the number two, he has actually spent the last few years wrangling with the defense industry and also with congress, so he comes in with that kind of nuts and bolts experience of how to work through this period of reshaping. >> and when you think about hagel's personal views on iran, because that's, i think, the most substantive of the foreign policy critiques against him, what are they and do they matter for this job? sometimes i hear him and it sounds more like a secretary of defense issue than a secretary of state issue. >> if you remember, it has not been a year since we had a crisis of going to war with iran, so i imagine we'll have at least one more with hagel's tenure. we should exhaust options before we think of a military strike on iran, and that, fortunately or unfortunately, depending how you look at it, a military strike on iran will not necessarily stop iran's nuclear program, and hagel has been quite skeptical about it, a skepticism which is shar
she's held several big jobs at the pentagon and is very well respected. ashton carter, currently the number two, he has actually spent the last few years wrangling with the defense industry and also with congress, so he comes in with that kind of nuts and bolts experience of how to work through this period of reshaping. >> and when you think about hagel's personal views on iran, because that's, i think, the most substantive of the foreign policy critiques against him, what are they and do...
159
159
Dec 26, 2012
12/12
by
CNNW
tv
eye 159
favorite 0
quote 0
we want to bring in barbara starr at the pentagon. some of the things we hear about when you talk about insider jobs are the taliban dressed as women with the high jab and everything. we know this was a woman responsible for the attack. what have we learned about her? >> not very much, because the afghans have her in custody and apparently by all accounts she's not really talking. the afghans did hold a press conference and showed an iranian passport. they say this woman is an iranian national, she came from there and married an afghan and became a member of the afghan police force. none of this, again, independently verified by the nato alliance. she went to the compound with a weapon hidden under her clothing. she wanted to kill someone she thought was important. she walked around looking for somebody and came up behind this american contractor as he was walking towards a canteen and shot and killed him. suzanne. >> you know, it's interesting, the taliban haven't been all that vocal about this one, and usually they are quick to clai
we want to bring in barbara starr at the pentagon. some of the things we hear about when you talk about insider jobs are the taliban dressed as women with the high jab and everything. we know this was a woman responsible for the attack. what have we learned about her? >> not very much, because the afghans have her in custody and apparently by all accounts she's not really talking. the afghans did hold a press conference and showed an iranian passport. they say this woman is an iranian...
197
197
Dec 30, 2012
12/12
by
WUSA
tv
eye 197
favorite 0
quote 0
he does not have the experience to manage a very large organization like the pentagon. and we've actually had-- i think leon pa98 has done a wonderful job. i supported his nomination. he did have a lot of experience prior to coming here. and if there's a place we need great management, it's the pentagon, and a great manager. >> o'donnell: senators coburn and durbin, good luck today. >> thank you. >> o'donnell: a busy day this sunday. >> we actually had breakfast together. >> o'donnell: i think the american people wish you luck, too, with your gang of eight. we'll be right back. for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american
he does not have the experience to manage a very large organization like the pentagon. and we've actually had-- i think leon pa98 has done a wonderful job. i supported his nomination. he did have a lot of experience prior to coming here. and if there's a place we need great management, it's the pentagon, and a great manager. >> o'donnell: senators coburn and durbin, good luck today. >> thank you. >> o'donnell: a busy day this sunday. >> we actually had breakfast...
290
290
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 290
favorite 0
quote 1
. >> the pentagon and the department are already in financial trouble. because there has already been $480 billion cut. to take another cut is devastating. >> it will make it channeling for the military to maintain the troops. equipment and preparedness. the larger defense industry also will be hit. >> severe budget cuts could put the natural security at risk if the company that make the f-35 fighter or artillery pieces don't have the money to keep going. >> my district would be adversely affected and defense spending cut by $8 billion. >> how did we get to this place? >> in budget battle, the 2011 spending cut put in as unthinkable trigger to force the lawmakers to find a way to cut spending. so far, they haven't found a way here we are. >> to make it unpalatable, they insist it comes out of the defense budget. conservatives think is much, much, much too har. >> defense secretary leon panetta said the pentagon has been preparing for the cuts. which says will inflict lasting damage o the national defense. doug? >> doug: molly henneberg. thank you. cuts a
. >> the pentagon and the department are already in financial trouble. because there has already been $480 billion cut. to take another cut is devastating. >> it will make it channeling for the military to maintain the troops. equipment and preparedness. the larger defense industry also will be hit. >> severe budget cuts could put the natural security at risk if the company that make the f-35 fighter or artillery pieces don't have the money to keep going. >> my district...
86
86
Dec 26, 2012
12/12
by
CSPAN
tv
eye 86
favorite 0
quote 0
by contrast, the international affairs budget is less than one-tenth of the pentagon's. secretary gates has spoken about this and strongly urged the congress to address that imbalance. we have not yet. admiral mullen pointed out, the more diplomacy is cut, the more lives are lost. we have to make certain that we are not penny-wise and pound-foolish when it comes to supporting americas vital overseas interests. adequately funding foreign-policy initiatives is not spending, but investing in our long-term security, and more often or not, it saves far more expensive expenditures in dollars and lives in the conflicts that we fail to see or avoid. we need to invest in america's long-term interest in order to do the job of diplomacy in a dangerous world. this report makes that crystal clear. since 1985, i have had the privilege of making official journeys to one trouble spot or another. i have met a lot of our men and women in the foreign services. we sat and talked about the work they do and the lives that they lead. they spent years learning the languages of the country so th
by contrast, the international affairs budget is less than one-tenth of the pentagon's. secretary gates has spoken about this and strongly urged the congress to address that imbalance. we have not yet. admiral mullen pointed out, the more diplomacy is cut, the more lives are lost. we have to make certain that we are not penny-wise and pound-foolish when it comes to supporting americas vital overseas interests. adequately funding foreign-policy initiatives is not spending, but investing in our...
154
154
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 154
favorite 0
quote 0
. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing rain and strong winds already causing some flight delays and making the roads dangerous. meteorologist justin povik with the accu-weather. justin? >> harris, i tell you, we cannot catch a break across the northeast and the nation's midsection. not to leave out the west coast. they have been stormy and wet, especially around san francisco. the meat of the storm system has been targeting the ohio valley and the northeast, and the latest is doing its dirty work across the coastal sections. the i-95 corridor. the worst of the worst we will target boston over the course of the next three to four hours approachin
. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing...
143
143
Dec 31, 2012
12/12
by
FBC
tv
eye 143
favorite 0
quote 0
and as we let people absorb these numbers, there are also a bunch of other issues, you know, 800,000 pentagon workers could be furloughed, all kinds of other issues where emergency unemployment benefits might be ended. so there are lots of complications. but let's talk about people's portfolios, and if we were to go over the cliff which you don't believe is going to happen, but if we were, what would you invest in right now? >> i'd stick to being very conservative. there's a good chance we could dip into a recession. in that type of environment, you want to be in very safe and secure stocks, and you want to have a more conservative portfolio. you want to be invested in the high quality fixed-income and not be that global in your organization. liz: how would you characterize picking a secure stock? >> high dividend growth rate, very strong dividend payout rate as well, so one of those solid blue chip, large cap type of companies. liz: treasuries. i mean, the yield is kind of pathetic. >> and quite frankly, because i do think this'll be resolved, and i think treasuries are going to be one of th
and as we let people absorb these numbers, there are also a bunch of other issues, you know, 800,000 pentagon workers could be furloughed, all kinds of other issues where emergency unemployment benefits might be ended. so there are lots of complications. but let's talk about people's portfolios, and if we were to go over the cliff which you don't believe is going to happen, but if we were, what would you invest in right now? >> i'd stick to being very conservative. there's a good chance...
250
250
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 250
favorite 0
quote 0
we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's talked about the pentagon as being bloated, had very specific ideas about how to cut it. but mike, sam, the table, we're hearing that that trial balloon has been popped. that senator hagel has a possibility for secretary of defense, has really lost a lot of altitude. and what they discovered was, there's not a natural constituency for him. republicans, as you guys know, have fought with him over the years. he was against the war in iraq. senator mccain especially has had it out for him. democrats don't like some of the anti-gay positions -- rhetoric he's used in
we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's...
153
153
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 153
favorite 0
quote 0
. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing rain and strong winds already causing some flight delays and making the roads dangerous. meteorologist justin povik with the accu-weather. justin? >> harris, i tell you, we cannot catch a break across the northeast and the nation's midsection. not to leave out the west coast. they have been stormy and wet, especially around san francisco. the meat of the storm system has been targeting the ohio valley and the northeast, and the latest is doing its dirty work across the coastal sections. the i-95 corridor. the worst of the worst we will target boston over the course of the next three to four hours approachin
. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing...
148
148
Dec 27, 2012
12/12
by
KGO
tv
eye 148
favorite 0
quote 0
rather than fighting over as scheduled many jobs would beó%7z lost, 55 billion dollars cut from the pentagon budget. starbucks taking a stand, the ceo has«pt workers to write "come together[3wr" on cups. stocks continue to fall on fiscal cliff worries president and congress back in d.c. to talk about n'ozn budget today. toyota 1.1 billion dollar charge to settle a lawsuit has to do with more than 10 million vehicles recalled for unintended acceleration from claims the value of vehicles went down as a result. k)Ñ exchange#dww, with the bloomberg business report. >>> coming up, do you use those companies that give you a cash advance on your paycheck? you magb(:l be getting some of protected panda.id;gp >> good morning. 5:53. you see the embarcadero, bay bridge you don't see rain or traffic. we'll check in with sue and find out what is going on, on the highways. we'll find out where the rain is with mike. >>> u.s. department of commerce is due to release figures for new home sales, today's updates will hold stead if i not rise a bit they predict 375,000 in new sales. housing numbers slipped l
rather than fighting over as scheduled many jobs would beó%7z lost, 55 billion dollars cut from the pentagon budget. starbucks taking a stand, the ceo has«pt workers to write "come together[3wr" on cups. stocks continue to fall on fiscal cliff worries president and congress back in d.c. to talk about n'ozn budget today. toyota 1.1 billion dollar charge to settle a lawsuit has to do with more than 10 million vehicles recalled for unintended acceleration from claims the value of...
109
109
Jan 3, 2013
01/13
by
WTTG
tv
eye 109
favorite 0
quote 0
the president also signed a $630 billion defense bill that funds the pentagon for the next year. he is back in hawaii to resume his vacation and used an auto pen letting him sign the bill into law from a remote location. >>> starting today, the new congress will tackling the new battles over taxes and spending that await washington in the next few weeks. the first item, a house vote on aid for superstorm sandy. house speaker john boehner agreed to hold a vote tomorrow after intense pressure from lawmakers including new jersey governor chris christie. >> when you sit around and delay and give assurances that things are going to done and they are anot. that is not doing your job. have some guts. put opportunity, vet yes or no and let's move on. >> friday's vote covers just $9 billion for the national flood insurance program. another vote in two weeks will cover the remaining $51 billion in the package. >>> here is more details about the new congress which will bring some historic changes to capitol hill. >> the senate will remain in democratic control but there will now be a record
the president also signed a $630 billion defense bill that funds the pentagon for the next year. he is back in hawaii to resume his vacation and used an auto pen letting him sign the bill into law from a remote location. >>> starting today, the new congress will tackling the new battles over taxes and spending that await washington in the next few weeks. the first item, a house vote on aid for superstorm sandy. house speaker john boehner agreed to hold a vote tomorrow after intense...
410
410
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 410
favorite 0
quote 0
moving the goal post by suggesting more tax increases are needed to stop the massive cuts aimed at the pentagon and elsewhere. >> revenues have to be part of the equation in turning off the sequester. >> there is some real anger brewing tonight on the left about proposed deal. even rich trumka the evidence the afl-cio head of organized labor it's not a good fiscal cliff deal if it gives more tax cuts to the 2% and sets the stage for more hostage taking. he is referring to the debt ceiling debate that's coming early next year. goes on to tweet republican's fiscal cliff double think fiscal crisis demands cuts in service, no investment in jobs but allows more tax cuts for richest americans. if and when this comes up for votes in the house and senate, it's unclear how many democrats especially on the left will support this, or buck the president, basically. bret? >> bret: ed henry live in the white house. thank you. stocks started the week up. possibly encouraged early in the day about talk of this possible deal. the dow finished ahead 166. the s&p 500 was up 24. the nasdaq gained 59 another deal n
moving the goal post by suggesting more tax increases are needed to stop the massive cuts aimed at the pentagon and elsewhere. >> revenues have to be part of the equation in turning off the sequester. >> there is some real anger brewing tonight on the left about proposed deal. even rich trumka the evidence the afl-cio head of organized labor it's not a good fiscal cliff deal if it gives more tax cuts to the 2% and sets the stage for more hostage taking. he is referring to the debt...
222
222
Dec 26, 2012
12/12
by
CNNW
tv
eye 222
favorite 0
quote 0
let's get that from barbara starr at the pentagon. hey, barbara. what are we learning about this woman and this attack? >> reporter: well, victor, all we know so far really is what the afghans are saying. there was a press conference with senior afghan ministry spokesman and he held up a very interesting passport, he says the passport of this woman and it is iranian, that she is an iranian citizen who came to afghanistan and married an afghan man. he also said she had some fake identity documents, but this is certainly raising the prospect that the shooter was iranian. so far, however, no indication yet she's tied to the taliban, that she is officially tied to iran at this point, or to any terrorist groups. by all accounts she came to kabul, police headquarters had a weapon hidden under her clothing, removed it, said she was looking for someone to shoot and walked out behind this u.s. contractor. he's now been identified as 49-year-old joseph griffin of mansfield, georgia, working for dime corp. international, a major u.s. firm working in afghanist
let's get that from barbara starr at the pentagon. hey, barbara. what are we learning about this woman and this attack? >> reporter: well, victor, all we know so far really is what the afghans are saying. there was a press conference with senior afghan ministry spokesman and he held up a very interesting passport, he says the passport of this woman and it is iranian, that she is an iranian citizen who came to afghanistan and married an afghan man. he also said she had some fake identity...
302
302
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 302
favorite 0
quote 0
he had real concerns that these pentagon cuts will be devastating. take a listen. >> he says if we do this it will be shooting the defense department in the head and we'll have to send out 800,000 layoff notices the beginning of the year. he is worried to death that if we don't fix sequestration we are going to destroy the finest military in the world at the time we need it the most. >> the bottom line tonight is both sides believe that there is a deal on the tax side of the fiscal cliff avoiding that, that you extend tax cuts basically for anyone making 450,000 or below. but the sequestration side of this in terms of the massive automatic spending cuts, they are very much up for grabs right now. and that is the big reason why we do not have a deal that is signed, sealed and delivered, trace. >> trace: ed henry live for us at the white house. of course, tomorrow is a federal holiday. analysts say that gives congress a little extra time to undo the damage from going off othe cliff. mike emanuel is on capitol hill. mike, what are we expecting tonight?
he had real concerns that these pentagon cuts will be devastating. take a listen. >> he says if we do this it will be shooting the defense department in the head and we'll have to send out 800,000 layoff notices the beginning of the year. he is worried to death that if we don't fix sequestration we are going to destroy the finest military in the world at the time we need it the most. >> the bottom line tonight is both sides believe that there is a deal on the tax side of the fiscal...
92
92
Dec 26, 2012
12/12
by
FBC
tv
eye 92
favorite 0
quote 0
it is already too late for the pentagon. defense cuts are coming in a big way. a look at world currencies and how they are holding up against the dollar. ♪ [ malennouncer ] it's tt me of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. starsaving at citi.com/pricerewind. dagen: more good news for recovering the housing market. home prices in the 20 city index grew 4.3% from a year ago. chicago, new york were the only two cities with negative returns and october. starbucks urging washington to come together on the fiscal cliff. literally. the ceo is building employees that all d.c. area employees should write things on the cops. they want to serve as a rallying cry. of course, that
it is already too late for the pentagon. defense cuts are coming in a big way. a look at world currencies and how they are holding up against the dollar. ♪ [ malennouncer ] it's tt me of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register...
127
127
Dec 30, 2012
12/12
by
CSPAN
tv
eye 127
favorite 0
quote 0
so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host: around the inauguration was the quote. host: how would you feel about geithner leaving? do you want him to go as a democrat? caller: that's a good question. no. no. guest: the caller is right. geithner has said publicly he wants to leave around the nomination. but with the uncertainty, i don't think the administration would want him to leave as long as these issues are hanging. so we get a fiscal cliff this deal and i think he's going to be gone by the end of the month but i think it's kind of up t in the air. host: says a contender for his jo
so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host:...
207
207
Dec 28, 2012
12/12
by
CNNW
tv
eye 207
favorite 0
quote 0
big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles.
big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people...
122
122
Jan 2, 2013
01/13
by
FOXNEWSW
tv
eye 122
favorite 0
quote 0
issues, like for instance the see questions sister that would cut half a bill kwroepb dollars from pentagon spending. the investment community seems to like it, the dow up 219 points. we'll keep and eye on it. >> reporter: the control room a brand-new hour straight ahead for ou. as you saw the markets enjoying the deal hashed out last night, lawmakers steering us away from the fiscal cliff but no shortage of road blocks on the horizon. what it all means, what is next for taxpayers, 77% of whom will see their taxes go up now. some of taxes tied to obama care new portions of the law kicking in on january 1st, a live report on who is paying more and for what. wait until you hear about a brand-new lawsuit that is being filed by a convicted killer who says the beer made me do it. he says the beer makers should have warned him that he'd become addicted and would go on to lead a life of crime. really? all of that and breaking news in the second hour of "happening now" now starts right now. jon: hi noon here on the east coast, there is new fallout from the fiscal cliff deal with tax times ahead. i'
issues, like for instance the see questions sister that would cut half a bill kwroepb dollars from pentagon spending. the investment community seems to like it, the dow up 219 points. we'll keep and eye on it. >> reporter: the control room a brand-new hour straight ahead for ou. as you saw the markets enjoying the deal hashed out last night, lawmakers steering us away from the fiscal cliff but no shortage of road blocks on the horizon. what it all means, what is next for taxpayers, 77% of...
165
165
Dec 31, 2012
12/12
by
CSPAN
tv
eye 165
favorite 0
quote 0
let me emphasize that i do not view this as the fall of the pentagon, but rather, an indication that the department of defense has insufficient assets to respond to attacks at this time -- of this type. let me comment on the administration's response to the attacks. this was so obviously a terrorist attack that i remain perplexed that the administration's officials gave such conflicting responses to questions from reporters about whether or not it was a terrorist attack. this was clearly not a peaceful protest that somehow got out of hand and evolved into a violent attack. instead, it clearly was a terrorist attack. and this, unfortunately, has been typical of what the committee has found over the last few years in our investigations of radical islamic extremism and the threat of the perversion of a peaceful religion practiced by the vast majority of muslims. the threat of the perversion of that etiology to attack our country remains a great threat. and yet, the administration repeatedly has refused to name the threat that we have faced. it was evident in the department of all land s
let me emphasize that i do not view this as the fall of the pentagon, but rather, an indication that the department of defense has insufficient assets to respond to attacks at this time -- of this type. let me comment on the administration's response to the attacks. this was so obviously a terrorist attack that i remain perplexed that the administration's officials gave such conflicting responses to questions from reporters about whether or not it was a terrorist attack. this was clearly not a...
112
112
Dec 27, 2012
12/12
by
CSPAN
tv
eye 112
favorite 0
quote 0
when they go to washington, it is not a philanthropic act on the pentagon's part. -- to instruct boeing to build . it is pragmatic. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. 60's.950's and the 19 a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? -- why did it end? because the global surplus of recycling mechanism was sustained. -- could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was sti
when they go to washington, it is not a philanthropic act on the pentagon's part. -- to instruct boeing to build . it is pragmatic. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. 60's.950's and the 19 a period of immense stability very low inflation....
239
239
Jan 3, 2013
01/13
by
MSNBCW
tv
eye 239
favorite 0
quote 0
defense -- the pentagon is so bloated. you can't -- you can't -- jim cramer, you can't even audit the pentagon. dave walker told us that. it is so bloated. and yet they can't find $100 billion in cuts? >> we need the divisions in japan because that war is still on. we need the divisions in germany -- no, we won those wars. >> we're wasting $2 billion a week in afghanistan. they can't cut that? $3 billion a week. >> they can't say it. >> medicare. they won't ever talk about cutting medicare. >> can we pay more for part "b," or is that too difficult to talk about? it's not worth it? part "b" is a great break. why can't we let merck and pfizer get away with this? it should be a bargain. no, we write blank checks because we hear they're going to move to france. i've got news for you. it doesn't help to you move to france. >> guess what happened. the president's negotiating on obamacare. the first thing he does is he calls in big pharma and cuts a deal with them and then brings in the hospitals and cuts a deal with them. so the
defense -- the pentagon is so bloated. you can't -- you can't -- jim cramer, you can't even audit the pentagon. dave walker told us that. it is so bloated. and yet they can't find $100 billion in cuts? >> we need the divisions in japan because that war is still on. we need the divisions in germany -- no, we won those wars. >> we're wasting $2 billion a week in afghanistan. they can't cut that? $3 billion a week. >> they can't say it. >> medicare. they won't ever talk...
254
254
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 254
favorite 0
quote 0
. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal cliff problem. gregg: molly henneberg. these cuts were never expected
. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this...
185
185
Jan 3, 2013
01/13
by
CNNW
tv
eye 185
favorite 0
quote 0
our pentagon correspondent, chris lawrence, has been working this story for us. what are you picking up, chris? >> yeah, wolf, republicans and democrats are demanding that the cia hand over all information that they provided to the film makers of "zero dark thirty," and our indications now are that the cia is going to apply. a cia official telling us just in the last few minutes, really, that they take their responsibility to these oversight committees very seriously. now, i don't want to ruin the film for anyone, but you almost have to tell a little bit about it to tell the story. there is a scene in the movie where a suspected terrorist is being waterboarded. he then gives up some information on the courier, the al qaeda courier is the one who led the cia to osama bin laden. now, compounding this is the fact that the cia director sent this letter to all the cia employees ask this movie started to come out saying, look, that's not completely accurate. we know this one person did not lead to osama bin laden. but they did get some information from enhanced interro
our pentagon correspondent, chris lawrence, has been working this story for us. what are you picking up, chris? >> yeah, wolf, republicans and democrats are demanding that the cia hand over all information that they provided to the film makers of "zero dark thirty," and our indications now are that the cia is going to apply. a cia official telling us just in the last few minutes, really, that they take their responsibility to these oversight committees very seriously. now, i...
281
281
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 281
favorite 0
quote 0
the pentagon will face a cut of $492 billion. that is about a half trillion dollars over nine years. that works out to about a 55 billion-dollar cut per year, starting next year, 2013. defense analysts say this on top of hundreds of additional cuts already in place for defense will be devastating to the military. >> it is going to affect the operational force that is its livelihood to get it equipment and not just the force in afghanistan that is being reduced. it would impact the training as well. reporter: there is a large defense industry will also be hit. private companies may not get government contracts to keep them in business. >> severe budget cuts could literally put national security at risk if the companies that make the f-35 fighter jet or nuclear submarines or artillery pieces don't have the money and have to lay off work force and close facilities. reporter: jim moran said his district, right outside of washington, home to many who work in the defense industry, could be harvested in the country. he is warning consti
the pentagon will face a cut of $492 billion. that is about a half trillion dollars over nine years. that works out to about a 55 billion-dollar cut per year, starting next year, 2013. defense analysts say this on top of hundreds of additional cuts already in place for defense will be devastating to the military. >> it is going to affect the operational force that is its livelihood to get it equipment and not just the force in afghanistan that is being reduced. it would impact the...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense, half of that is discretionary. the kick the can mini deal solution that we're talking about would identify some subset of spending cuts that would be the lowest hanging fruit still available that might turn off the sequester, or they could just turn off the trigger all together. the sequester exists because of a law passed by congress, another law passed by congress could change it. >> good to see you, john. thanks for the update. >> mastercard spending pulse saying it's the lowest level of 2008. high end is one of the areas getting hit
where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense,...
266
266
Jan 3, 2013
01/13
by
FOXNEWSW
tv
eye 266
favorite 0
quote 0
the pentagon considering proposals that include keeping upwards of 20,000 troops in afghanistan after their withdrawal date of the end of 2014. now, while this war isn't in the history books, bears a reminder, of course, comparisons to the past really have been surfacing daily. some point to the soviet withdrawal from afghanistan as both a model and a warning for us. "the new york times" pointing out what's most remembered about that time is that military humiliation of the soviets and the eventual rise of the taliban. some suggest history is repeating itself. major general bob scales, a ph.d. in history, conveniently, joins us now. [laughter] so, general scales, is that fair? is that a fair question? is history repeating itself? >> well, as a historian, jenna, i'm very skeptical of historical analogies, and i wouldn't really compare the two. the conditions are entirel different. not that the outcome won't be the same. our presence in afghanistan has left a much larger footprint than the soviets. the soviets were brutal to the afghan people, and they were uniformly hated by the afghan
the pentagon considering proposals that include keeping upwards of 20,000 troops in afghanistan after their withdrawal date of the end of 2014. now, while this war isn't in the history books, bears a reminder, of course, comparisons to the past really have been surfacing daily. some point to the soviet withdrawal from afghanistan as both a model and a warning for us. "the new york times" pointing out what's most remembered about that time is that military humiliation of the soviets...
198
198
Jan 3, 2013
01/13
by
CNBC
tv
eye 198
favorite 0
quote 0
you might get people -- actually people leaving the pentagon who are pentagon employees but everybody else is locked in. bob, thank you very much. >>> famed expert jeffrey gundlach will be here very shortly to talk everything from the fiscal cliff to the death threat to his top calls for 2013 which i believe include, importantly, japan. stay with us. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> coming up at the top of the hour, henry blodgett. >>> is this the year
you might get people -- actually people leaving the pentagon who are pentagon employees but everybody else is locked in. bob, thank you very much. >>> famed expert jeffrey gundlach will be here very shortly to talk everything from the fiscal cliff to the death threat to his top calls for 2013 which i believe include, importantly, japan. stay with us. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you...
279
279
Dec 28, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 1
>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion contract that will keep them busy for five years, on just the design of that replacement program. >> so in your view, are the stocks reflecting this? we have seen a sharp run-up in the stocks since the end of november, and more broadly, the philadelphia defense index is close to 52-week highs. >> well, i think that's right. i mean, part of it is cheap cost of money elsewhere. i mean, where else to invest in stocks, where your business is backed by the u.s. government, when you have yields that are two and three times what the five-year is trading at today. >> but there must be some sort of impact, howard. i mean, we w
>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion...
172
172
Dec 28, 2012
12/12
by
CNNW
tv
eye 172
favorite 0
quote 0
i think the phone call from the president certainly has resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of videotapes. the allegation is made on september 26th. the tapes go back one month. and they don't know what might have happened before that. suzanne? >> all right. barbara starr, thank you for following that story. appreciate it. >>> meet a man who has taken a stand on the national debt by trying to pay it off himself. and a choice. h n take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pa
i think the phone call from the president certainly has resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of...
284
284
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 284
favorite 0
quote 0
. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her testimony on the benghazi terror attack. doctors say the blood clot is very risky. >> blood clots are serious depending where they are. the leg is more common and simpler to treat. lungs are more life threaten, into the brain of course, very, very serious if it is in the brain because of stroke and potential memory and injury to the entire brain. gregg: david lee miller is live in new york city with the very latest. and, david, what do we know about the location of that blood clot? >> reporter: gregg, the authorities have not released that information. they have only disclosed she is being treated for a clot.
. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her...
221
221
Jan 1, 2013
01/13
by
CNNW
tv
eye 221
favorite 0
quote 0
chris lawrence over at the pentagon, thank you. >>> north korea kim jong undelivering the first new year's address in nearly two decades. mary snow has the latest. what's the latest, mary? >> kim jong-un is calling for an all out struggle and an easing of tensions with sourk but the young leader pralsed the controversial laurvelg. it was condemned by the united nations. we'll have much more on all of this just ahead in our next hour. >>> here in the u.s., many same-sex couples in maryland are ringing in the new year with wedding bells thanks to the new law that went into effect at midnight. >>> and we're pleased to announce the newest edition to the situation room family. he was born friday night to our very own producer melanie buck parks and our studio operator chris parks. he weighed in at 8 pounds, 13 ounces and joins his very excited big sister harper. all are happy, healthy, and we wish them only the very best. the great way to start the new year. >> beautiful, beautiful kids. lovely, lovely kids can. the newest members of our wolf pack here in "the situation room." thanks so much fo
chris lawrence over at the pentagon, thank you. >>> north korea kim jong undelivering the first new year's address in nearly two decades. mary snow has the latest. what's the latest, mary? >> kim jong-un is calling for an all out struggle and an easing of tensions with sourk but the young leader pralsed the controversial laurvelg. it was condemned by the united nations. we'll have much more on all of this just ahead in our next hour. >>> here in the u.s., many same-sex...
213
213
Dec 26, 2012
12/12
by
CNNW
tv
eye 213
favorite 0
quote 0
. >> barbara starr at the pentagon, thank you for that. >>> lisa sylvester is monitoring some of the other top stories in "the situation room." >> well, egypt's new upper house of parliament convened today. they will have legislative powers until a lower house is elected. signed in to what you, the controversial charter was approved in two weekend rounds of voting but turnout was just 32%. critics say the constitution excludes minority rights. >>> and the recovery in the housing mar are ket remains on pace. home prices up 4.3% in october over last year. that is the biggest percentage increase and n. more than two years. near record low mortgage rates and fewer foreclosures are pepping spur saleses which is boosting prices. >>> and the world's longest high speed rail line is up and running in china. the 1428 mile line spans more than half of the country linking the capital of beijing to the southern chinese boom city. trains will run at 186 miles an hour on average and china aims to have more than 74,000 miles of high speed rail line by the year 2020. >>> and civil rights icon nelson
. >> barbara starr at the pentagon, thank you for that. >>> lisa sylvester is monitoring some of the other top stories in "the situation room." >> well, egypt's new upper house of parliament convened today. they will have legislative powers until a lower house is elected. signed in to what you, the controversial charter was approved in two weekend rounds of voting but turnout was just 32%. critics say the constitution excludes minority rights. >>> and the...